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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in New Castle, IN

Listed for sale today
$ 169,000
ROI
21.8
Cash Flow/m
96- 2 Bed
- 2 Bath
- 1595 sft
2401 S 19th St, New Castle, IN, 47362

Listed for sale 1 day ago
$ 150,000
ROI
26.7
Cash Flow/m
291- 3 Bed
- 1 Bath
- 1042 sft
1681 R Ave, New Castle, IN, 47362

Listed for sale 2 days ago
$ 279,900
ROI
25.4
Cash Flow/m
443- 3 Bed
- 3 Bath
- 1467 sft
1015 Jameson Ct, New Castle, IN, 47362

Listed for sale 4 days ago
$ 245,000
ROI
23.3
Cash Flow/m
238- 5 Bed
- 3 Bath
- 3968 sft
1211 W County Road 400 S, New Castle, IN, 47362
Why Invest in New Castle, Indiana?
Investing in Indiana, particularly in areas with homes under $500k, provides an attractive opportunity for real estate investors. With a growing population and stable job market, the state boasts a reliable rental market that can yield strong cash flows. Understanding the local economy and housing trends can help investors make informed decisions.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Indiana is around 7%, making it an attractive option for real estate investors looking for profitable rental properties.
Find Your Perfect Investment Property in New Castle, Indiana
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